An exciting new development is coming to the Dunman-Dakota area, in one of the most vibrant and bustling locations in Singapore today. This upcoming development will draw the eyes of those who wish to live near the heart of the Kallang-East-coast area.
A government land sales site along Dunman Road has closed its tender on 2 June 2022, with the top bid placed by SingHaiyi Group for $1.284 billion or $1,350.50 psf per plot ratio (psf ppr). The 99-year leasehold plot, is zoned pure residential and is to be built as a condominium development. It can potentially offer 1,035 new homes on a site that spans 2.52 hectare in land size. The site has a maximum gross floor area of 88,321 sq m.
Situated in District 15 - one of the most desirable locations - future residents at the development on the Dunman road site will enjoy easy access to amenities at the Singapore Sports hub situated in Kallang, as well as the retail-food enclave in Katong and East Coast Road. In addition, as there have been limited new private residential launches in the area in the last couple of years, the Dunman Road project will likely find favour among home buyers and investors.
The development is situated in between the sports hub as well as the East Coast enclave, which is known amongst local to be a treasure trove of popular eateries with a variety of restaurants, hipster cafes and hawker delights. The former is Singapore’s sports and recreation district situated in Kallang – the Singapore Sports Hub is a 35-hectare integrated public-private-partnership project that is anchored by the National Stadium and Singapore Indoor Stadium, as well as other sports facilities such as the water sports centre, and two retail malls.
Escape from the busy city life at the East Coast Park beach. The project is just a short drive to the beach where sports enthusiasts and families can indulge in a full day’s worth of recreational activities while enjoying the sea breeze. It is also a quick train ride to the scenic Kallang River basin, where residents may participate in water sports, such as kayaking and water skiing while admiring views of the Singapore Kallang river basin and Marina Bay area.
There is no shortage of retail options in the area as well. Residents will be able to shop for their necessities conveniently at several nearby amenities namely, the Kallang Wave Mall, Leisure Park Kallang, Parkway Parade Mall, Katong Shopping Centre, and i12 Katong Mall. For local food fare, the Dunman Food Centre, and Old Airport Road Food Centre are also within the vicinity.
This area is well-served by public transportation. The upcoming development is right next to Dakota MRT Station on the Circle Line, providing easy access to the city centre and other parts of Singapore. The development is also easily accessible to major roads and expressways, such as East Coast Parkway (ECP) and Mountbatten Road which offer seamless access to destinations such as Suntec City, Marina Bay Financial Centre, and Changi Airport.
For families with school-going kids, there are several education institutions in the area, including Broadrick Secondary School, Kong Hwa School, Tanjong Katong Girls’ School, Tanjong Katong Primary School, Tanjong Katong Secondary School, Chung Cheng High School, Eton House International School, and the Canadian International School.
About the developer
The SingHaiyi Group has established itself as a major property player in Singapore, mainly in residential property development and several commercial investment projects. Some of its notable residential projects include The Gazania, The Lilium, Parc Clematis and Pasir Ris One. The developer has also made its foray into commercial development and investment, having redeveloped 9 Penang Road (the former Park Mall) and the upcoming redevelopment of Maxwell House. The SingHaiyi Group has also since ventured into the United States, Malaysia and Australia as part of its expansion plans.
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